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Are the wedding bells ringing? This is how much money you should plan for it

2024-03-28T16:26:29.384Z

Highlights: Are the wedding bells ringing? This is how much money you should plan for it.. As of: March 28, 2024, 5:15 p.m By: Marco Blanco Ucles CommentsSplit There are many costs associated with weddings. How high the expenses are, of course, depends on many factors. For many people, the wedding is the most beautiful day of their lives - but it can cost a lot of money. But how much do weddings cost on average? According to the Sparkasse, newlyweds spend an average of 6,000 to 30,000 euros on their wedding.



As of: March 28, 2024, 5:15 p.m

By: Marco Blanco Ucles

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There are many costs associated with weddings. How high the expenses are, of course, depends on many factors. A detailed overview.

For many people it is the most beautiful and exciting day of their lives: their own wedding. Therefore, the wedding needs to be planned in detail. And some money should have been saved in advance. Because a wedding, of which there have recently been an enormous number in Bavaria, can cost a lot of money. It is not for nothing that many bridal couples prefer to ask for monetary donations instead of gifts, which often vary greatly in order to at least partially recoup the expenses.

Wedding planning: work through cost item by cost item

For many people, the wedding is the most beautiful day of their lives - but it can cost a lot of money. © IlluPics/IMAGO

But what are the biggest cost factors – and how much are we talking about? It is important for you to go through the individual points step by step - so that you don't suddenly find yourself facing financial ruin after the wedding.

  • Cost estimate:

    Sit down together and think about how much money you want to – and can – spend on the wedding. Agree on a budget maximum that you do not want to exceed. “Your budget estimate should ideally include a 15 to 20 percent buffer for unforeseen costs,” advises

    Ringladen.de

    .

  • Clarify financing:

    Wedding wishes but not enough money in the account? This doesn't have to be the end of all dreams. Instead, you should find out about alternative options. In addition to close relatives, you can also contact the bank and apply for a wedding loan.

  • Preparation of the guest list:

    At a wedding, you not only plan your own expenses, but also those of your guests, who of course don't have to pay anything. That's why it's important to know early enough how many people are invited to your wedding so that you can plan the budget.

  • Set priorities:

    In addition to essential expenses – such as food or drinks – there are also cost items that could also be left out to save budget. So go through the points together and think about which things you could save money on.

  • Obtain offers:

    If you have already set the budget for larger cost items, it is time to obtain initial offers from companies or service providers. Then you can compare which offer best fits your budget.

  • Would you like valuable money-saving tips?

    Merkur.de's “Clever Save” newsletter always has the best money-saving tips for you every Thursday.

    But how much do weddings cost on average? According to the

    Sparkasse

    , newlyweds spend an average of 6,000 to 30,000 euros on their wedding. Of course, the scissors are extremely wide apart. Depending on the item of expenditure, brides and grooms can consider how important each factor is to them. The costs can of course be approximated or broken down to an average value.

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    • Wedding rings:

      You should set a clear budget for your wedding rings before going to the jeweler. The costs for the pair of rings start at 350 euros and have no upper limit, depending on the material chosen, stone setting and other special features,

      Ringladen.de

      knows .

    • Location:

      Cozy in a location nearby or in the sunset on the beach in Italy - the costs of course vary greatly depending on the fiancée's wishes. As a rule, couples pay around 500 euros for the location, explains the

      Sparkasse

      . Of course, there are hardly any upper limits. If you want to save money, you should definitely reserve the location well in advance.

    • Flowers and decoration:

      The costs for florists should not be underestimated, as they usually start at 800 euros. You can get good decoration for around 300 euros.

    • Wedding process:

      You should register the wedding at the registry office six months before the wedding, which costs between 50 and 100 euros. After the civil wedding, there are additional costs for the family register – 15 to 40 euros – and the wedding certificate – ten euros. Wedding candles and ring pillows cost 30 euros each. If one of the two lovers changes his name, he has to inform all important authorities (bank, employer, residents' registration office, etc.) of the name change - around 100 euros.

    • Guest gifts:

      The bride and groom often give out smaller gifts to the guests as a thank you for coming, which are usually waiting for them at the guest's assigned place at the table. These can be purchased from 1.50 euros per person.

    • Bridal couple equipment:

      On average, a classic white wedding dress costs 1,000 euros. In addition, there are around 500 euros for accessories, shoes, make-up and hairstyle. The groom gets a slightly cheaper price for a suit and shoes at around 800 euros. If you want to save on a wedding dress, you can take advantage of the wide range of offers at wedding fairs or second-hand shops.

    • Catering for guests:

      buffet or menu? This is probably the most common question that guests ask when it comes to the culinary offerings. On average, a wedding guest spends around 55 euros on food and drink. With larger guest lists, of course, a good chunk of money comes together. The Sparkasse recommends saving on the cost of dessert and instead including the wedding cake - an average of 400 euros - in the menu.

    • Photographer, service staff and childcare:

      For many people, the most beautiful day of their lives should of course also be captured in pictures. Between 800 and 5,000 euros are spent on a photographer. Other (possible) expenses include shuttle service (300 to 500 euros), childcare (200 euros), service staff (30 euros per hour per person) and cleaning (from 100 euros).

    • Musical entertainment:

      A good atmosphere at a wedding is the be-all and end-all. For this you should hire a good DJ or an atmospheric band, which usually costs between 500 and 1,000 euros.

    • Honeymoon:

      After all the hustle and bustle, many wedding couples say goodbye to their well-deserved honeymoon to enjoy peace and togetherness. There are countless beautiful travel destinations. Cost depending on length and destination: 2,000 to 6,000 euros.

    • Extras:

      Many points are not even on your radar before planning and only become apparent over time. In any case, a buffer of a few hundred euros should be planned for this.

    Source: merkur

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